1647 NE MARKET DR Fairview, OR $ 750,000
1647 NE MARKET DR
$ 750,000
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1647 NE MARKET DR

Fairview, OR, 97024
$ 750,000
Bedrooms4 Baths5.0 Sq 4,353

Monthly Estimate*

$ 4,618

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Multi-Family Home for sale in Fairview, OR

for $750,000 with 4 bedrooms and 5 full baths. This 4,353 square foot home was built in 2005.

Fully leased and ready to go — this mixed-use property delivers steady cash flow with minimal effort. The ground-floor retail storefront is occupied by a florist, complemented by two desirable residential rentals (3-bedroom + 1-bedroom). Prime location near shops, dining, parks, and easy freeway access ensures long-term demand from both residential and commercial tenants. Tenants enjoy a convenient Fairview location close to downtown amenities and just minutes from I-84. A true turnkey opportunity with a strong rental history and built-in stability.

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Multi-Family Active

Price

$ 750,000

Bedrooms

4

Full Bath

5

Property Type

Multi-Family

Taxes

$ 10,475

Style

Year Built

2005

Town/City

Fairview

County/Region

Multnomah

MLS | Web ID

237148307

Features
General
Sewer PublicSewer
Heating ForcedAir WallHeater
Cooling CentralAir
Roof Composition
Zoning FV
Garage Spaces 3.0
Security Features SecurityGate SecurityLights
Year Built 2005
Stories Count 3
Parcel Number R546828
Gross Income 71744.0
Community Features AllLandscaping Commons
County Multnomah
Net Operating Income 51197.0
Operating Expense 20547.0
Property Type MultiFamily
HOA Y
Rent Includes Sewer TrashCollection Water
Status Active
Directions Fairview Village South of NE Halsey in Fairview
High School Reynolds
City Fairview
Number Of Units Total 3
MLS Area _144
Listing Terms Cash Conventional FHA VALoan
Elementary School Woodland
Tax Annual Amount 10475.54
Middle/Junior High School Walt Morey
Property Condition Existing
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description FAIRVIEW VILLAGE NO 7 LOT 298
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Interior
Basement CrawlSpace
Storage Garage
Hot Water Tank
Unit 1 Baths Total 1
Unit 1 Beds Total 1
Unit 2 Baths Total 3
Unit 2 Beds Total 3
Unit 3 Baths Total 1
Unit 3 Beds Total 0
Unit Type UnitTypeType1 UnitTypeType2 UnitTypeType3
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Exterior
Parking Features Assigned Garage
Water Source PublicWater
Total Parking 3.0
Exterior Description Brick CementSiding
Foundation Details ConcretePerimeter
Building Area Total 4353.0
Road Surface Type Paved
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Internal Only
Street Number 1 1647
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* Excluded Features
List By
Think Commercial Llc

Broker

daabrams@gmail.com

Email

Affordability Calculator

$5,491
Per Month
84%
16%
0%
Monthly Principal & Interest
$4,618
Monthly Property Taxes
$873
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1950430 Elementary School
1949185 Middle School
Reynolds High School High School
Pricing History
DatePricePrice ChangeDescription
5/19/2026$750,000 Listed Price

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1647 NE MARKET DR, Fairview, OR, 97024 is a Multi-Family Home for sale at $750,000 with 4,353 sqft. 1647 NE MARKET DR has 4 bedrooms, 5.0 baths, and was built in 2005. The property's zip code is 97024 which is in Fairview, OR